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CNBC
Dec 28, 2012 4:00am EST
today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
CSPAN
Dec 14, 2012 12:00pm EST
a lot of what we read their is a discussion between u.s. regulators, foreign regulators and often concern on the harmonization between the two, and both the pro methodology use of language because many of us are starting to see a more complex world coming in where others multiple product wrapped in their and if there's a currency okay that might be exempt. there might be a package that actually has from both of you that sort of harmonization really does become important. is there a difference between the way your regulatory bodies are approaching these? >> we have worked together and harmonize on the definitions that you just mentioned about the swaps and mixed swaps and security based swaps so i think the public has a great deal of guidance and the rules but to the extent they need to come back on the package we would address it together. >> mr. cook do you have any incumbent new york city in different approaches is that cultural between the two regulatory bodies? >> i can't speak to the cftc statute but one of the reasons it drove us to the rulemaking in the context is that we l
CNBC
Dec 31, 2012 4:00am EST
, outperformers this year include german, japanese and hong kong stocks. the u.s. senate will meet at 11:00 a.m. eastern after lawmakers tried most of sunday to avoid a fiscal cliff. proposals moved back and forth including tying social security to the chained cpi index. aides say talks between harry reid and mitch mcconnell focus on extending middle class tax breaks and renewing unemployment benefits. president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. >> the sticking point appears to be a willingness, and interest or frankly, the courage to close the deal. >> i will say this. i think that the republican leader has shown absolutely good faith. it's just that we are apart on some pretty big issues. >> i want everyone to know i'm willin
PBS
Dec 11, 2012 4:30pm PST
debate hits the floor of the u.s. house but not much progress is made. warren buffett and others tell lawmakers to look for more money from the estate tax. >> susie: i'm susie gharib. could another major bond-buying program be on the way? what we could hear tomorrow as federal reserve policymakers wrap up their two-day meeting. >> tom: ever wonder what goes into making those cardboard store displays? tonight, we look at how one box company is using them to reinvent itself. >> susie: that and more tonight on nbr! >> tom: an agreement to ease the fiscal cliff may not be wrapped up and waiting under your tree for christmas. senate majority leader harry reid said today it would be hard to get an agreement finished by the holiday, blaming the delay on republicans. not surprisingly, republicans say the president hasn't gotten serious about the talks. plenty of outside groups are offering up suggestions. and as darren gersh reports, they include warren buffett and some other big names in finance. >> reporter: there was some public movement in the fiscal cliff standoff today. instead of holdi
CNN
Dec 27, 2012 1:00pm PST
by the u.s. state department, the number of russian children adopted by american couples has increased significantly in the last few years. in 2004, the number was more than 5800 compared to only 962 last year. over the last 20 years, americans have are adopted more than 60,000 russian children, more than any other country. >> we remain committed to supporting inter-country adoptions between our two countries. the welfare of children is too important to be linked to political aspects of our relationship. >> reporter: the bottom line, says this expert, it is ultimately the children who will suffer because there aren't enough families in russia willing to adopt. >> there are, by some estimates, 700, 750,000 children in orphanages, in institutions in russia. they don't have that many families stepping up. >> reporter: the need is especially great for children with special needs like vatali. >> we rely on our faith and hope in jesus christ and that's what is going to get us through this. but it would just be devastating for those kids. >> reporter: the moyers already have two biological ch
CNN
Dec 4, 2012 6:00am PST
they captured a u.s. drone and issues a warning "we shall trample on the united states." >>> drunk and partying the night before he shocked the nfl and fans. >>> director kathryn bigelow talks about the controversy over her bin laden death movie. >> i think it's nice because now the film can speak for itself and i certainly have a feeling that a lot of those debates will transition to something slightly less controversial. >> the full interview straight ahead. >>> so you don't read runway ? >> no. >> before today you never heard of me. >> no. >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no, that wasn't a question. >> the devil's diplomacy. vogue editor anna wintour, u.s. ambassador? maybe. "newsroom" starts now. good morning. thank you so much for joining me. i'm carol costello. this morning iran is bragging. it claims it capture d an american drone. the u.s. is denying it. iran has made that drone a star on state tv. according to iran's state-run news agency, the drone was captured immediately after entering iranian air space. the drone, now being sh
PBS
Dec 11, 2012 7:00pm PST
will be waiting to see whether the central bank will do more to prop up the u.s. economy. the big question is whether the fed will stick with its so- called "operation twist" bond- buying program, or will it announce something new? erika miller takes a closer look at what's expected. >> reporter: the fed may announce a new twist in its bond buying plans, but that doesn't necessarily mean the stock market will shout. at it's final meeting of the year, the central bank is not expected to simply extend its operation twist program. that's the nickname for the fed's strategy of buying long- term treasuries and, at the same time, selling an equal amount of shorter-dated bonds. that's important because it keeps the bank's balance sheet the same size. now, the fed may be ready to do a new stimulus dance. >> under twist, they've been purchasing $45 billion longer term treasuries while at the same time selling $45 billion short term. they've pretty much run out of short-term stuff to sell, so i think they'll be continuing to purchase the long term, but purchasing outright, expanding their balance sh
CNN
Dec 28, 2012 2:00am PST
u.s. citizens from adopting russian children. the decision raising tensions between the two countries, seen for retaliation for a new law in the u.s. that seeks to punish russians for human rights violations. the ban will take effect on january 1st, that's really right away it would halt all new adoptions and end those already in progress. incredible. a lot of families in the process of adopting children in russia. >> those poor kids. >>> want to move on to the weather. lots of snow, wind, hail everywhere across the u.s. the storm that brought snow and spun off tornadoes is still not over. ten deaths blamed on the storm. more than 2,400 flights have been canceled. it could dump more snow on new england and upstate new york today. boy, they don't need that. bonnie schneider with a look at the forecast. good morning. >> good morning. the storm we've been talking about is working its way to extreme northeastern new england. it is hitting canada hard. quebec is getting more snow. i mentioned yesterday that cold air would come in behind the system. it sure has. scranton at 26. be
CW
Dec 30, 2012 8:30am PST
county. >> and a look back at some of the year's big stories in the u.s. of a. we'll be right back. ,,,, . >> there is the golden gate bridge, sunny and chilly. a few clouds around. aside from that, a nice day. ,,,,,,,, ban" bandwagon... as the new year begins tuesday. . >>> one of the bay area's largeet counties is jumping on the plastic bag ban bandwagon. as the new year begins on tuesday, the new ban applies to alameda county's unincorporated areas and the cities. the stores won't be able to give customers one-time use plastic bag. instead, bring your own bag or pay 10 cents for each recyclable paper bag. similar laws are in affect in san jose, san francisco and dozens of other california cities and counties. san jose said since the ban took affect, the number of plastic bags littering city streets has gone down 59%. >>> around here, we're seeing the sun shining finally. and -- . >> i am sure that is listed on paper. i am sure when they wrote that, it looked like a good idea. >> i butchered it twice now. >> plastic bag ban bandwagon. >> you got it. took a lot of practice. >> and
CSPAN
Dec 19, 2012 7:00am EST
later, we will discuss the recent increase in u.s. manufacturing. we will also take your calls, e- mails and tweets. "washington journal" is next. host: good morning, it's wednesday, december 19, 2012. the white house has thrown its support behind several gun- control measures on tuesday in the wake of the shooting rampage in newtown, connecticut. a state department inquiry into the september 11 terror attack in benghazi, libya, criticized the agency harshly for inadequate security that -- but specificrecommend signi individuals. and we begin today in on the details of john boehner's plan to avoid the fiscal cliff. we want to hear from you. how optimistic are you that a compromise can still be reached before the end of the year? give us a call -- and you can get up with us on all your social media web sites on facebook and twitter, or e- mail us. a very good morning to you. i want to take you to the lead story in today's washington post. that was today's washington post. here's the headlines from "politico" today. i want to take you to speaker john boehner's comments on the state
FOX News
Dec 27, 2012 12:00pm PST
limit is $16.4 trillion. he says the obama administration will work to make sure the u.s. does not default on loans right away but the debate will be another drag on the economy. with us, the chief business correspondent for u.s. news and world report, rick newman, and author of rebounders, how winners pivot from setback to success. talk about the debt ceiling for us, first of all, welcome. talk about the debt ceiling and how it affects us. we here horror scenarios about the red -- credit rating. >> one good thing you can say about reaching the debt limit is it's not a surprise. everybody has known this is coming up. the government will continue to function for a couple more months. emergency measures will be used to keep the money flowing, so to speak. this is unrelated to the fiscal cliff, so it's an additional problem that everybody has to deal with. of course the worst thing is we know how horrible it was the last time the debt ceiling needed to be raised in the summer of 2011, it went down to the wire and it looked as if there was a chance the united states would not raise
PBS
Dec 20, 2012 3:00pm PST
the u.s. diplomatic mission in libya. >> we have to do better. we owe it to our colleagues who lost their lives in benghazi. we owe it to the security professionals who acted with such extraordinary heroism that awful night to try to protect them, and we owe it to thousands of our colleagues serving america with a great dedication every day in diplomatic posts around the world. >> brown: spending versus saving: amid the last-minute holiday rush, paul solman weighs the economic benefits. >> holiday season grand central terminal and a key question: is consumerism kind of a bad thing that's overdone this time of year? or is it the key driving economic and moral force in our society? >> suarez: and we close with another in our series of interviews with newly elected congressional members. tonight, north dakota's senator- elect, democrat heidi heitkamp. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. suppor
CNBC
Dec 31, 2012 6:00am EST
. how are things standing by there? >> it's a very quiet session as we saw last week on the u.s. and the european incidentsies. despite the fact that the vix in the united states and the v-stocks and the various volatility measures on this side of the atlantic remain elevated. despite that, we're not seeing a lot of oscillation on the back of, as you said, the fiscal cliff and concerns that we may fall off. does that mean that people are getting complacent? they think even though we might not get a deal in the next 24 hours, we will get a deal fairly imminently. in the meantime, though, this is what we've got in terms of the major european indices. that will open and the germans will come to that in a few minutes' time it has been up year-to-date around about 6% and that makes the ftse 100 a real lagger compared with some of its european peers. a laggard, as well, compared to the cac 40. we have no fiscal cliff deal as of yet and it is up 1%. that means the cac 40, the french equity market, the blue chips there are up over 15% year-to-date. and a lot of markets are being shut to
FOX News
Dec 28, 2012 8:00am PST
nation. >> you're better equipped. >> reporter: the commander of u.s.-led international coalition forces that drove saddam hussein out of kuwait in 1991 has died. general herbert norman schwarzkopf was a much decorated combat soldier in vietnam as more popularly known to the public as "stormin' norman". it was a coalition of 30 countries original niced by then president george h.w. bush that succeeded in defeating iraqis. president bush remains hospitalized in houston in methodist hospital he had a statement that reads in part. he is one of the great military leaders of his generation. a distinguished member of the long gray line hailing from west point, general norman schwarzkopf to me epitomized duty, service, country and creed that defended our country's freedom and seen the nation through our most trying international crisis. he was appointed general and appointed commander-in-chief of u.s. central command. he prepared a detailed plan for defense of saudi oil fields against the iraqis. general colin powell released this statement in part, with the passing of general norman schwarzkop
CBS
Dec 27, 2012 5:30pm PST
iraqi forced out of kuwait. he was only the ninth u.s. general to be knighted. george h.w. bush called the general a true american patriot and one of the great military leaders of his generation. norman schwarzkopf was 78 years old. the white house today says president obama is keeping a close eye on a possible strike by longshoremen. union leaders for nearly 15,000 dock workers at every port from texas to maine say they'll walk off the job on sunday. we asked anna werner to find out how a strike would hurt the u.s. economy. >> reporter: the port of houston handles 42 million tons of cargo every year. it extended its hours this week to try and get shipments in and out before a strike can bring the port to a standstill. jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problem
PBS
Dec 27, 2012 4:30pm PST
conversation and clearly sub optimal from the u.s. economic perspective. so when unemployment starts to rise, it tends to be persistent and gain momentum and we want to try to avoid that at almost any cost so this is something that, even if we hit 9%, they would clearly be recessionary if we were talking about than the six months from now. >> and what about the economic status of the u.s.? in the world? there's been a lot of talk about a downgrade of the u.s.' credit rating. do you see that happening? and what would that mean? >> well, it clear has has happened in the past from s and p and it could very happen through moody's. i think it's symbolic of the long-term structural imbalances that we need to address clear as a nation. we are still however, susie, as clearly, you and i know, still the locomotive engine of the world despite china and other emerging rising markets and that has been clear the past two years, where europe is in recession, japan continues to languish and yet the u.s. economy has shown resiliency but it is not immune from fiscal shock and that's something i clearly conti
ABC
Dec 28, 2012 6:00am EST
. many economists worry the financial woes will plunged the u.s. back into recession. one possible effect of the fiscal cliff, milk prices could buy $2 or $3 a gallon because farm programs expire at the end of the year. some are calling that dairy cliff. correct the fiscal cliff is not the only potential economic hazard on the horizon. thousands of workers at the port of baltimore and 14 of reports from boston to houston are threatened to go on strike this sunday. those ports move about 40% of the nation's container cargo traffic. the economic damage would reach well beyond the docks. >> from your mom-and-pop retailers to the farmers to the trucking companies will have to go pick up the containers at the ports. this will be felt not just at the ports locally, but nationwide everybody is on the ports to move their comrades. >> a major sticking point is the future royalties that the companies pay the longshoremen who moved the containers -- move. >> general norman schwarzkopf died and his home in tampa after suffering complications due to pneumonia. the 78-year-old commanded u.s. forces an
CNN
Dec 6, 2012 1:00pm PST
's going on. also later, new warnings that the u.s. should be prepared to intervene in syria's civil war. senator john mccain now says he's deeply disturbed by the latest reports that the current regime in damascus is preparing to use chemical weapons against its own people. >> these reports may mean that the united states and our allies are facing the prospect of an imminent use of weapons of mass destruction. year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are str
FOX Business
Dec 27, 2012 3:00pm EST
tanked. the senate majority leader said nothing is happening in budget talks and looks like the u.s. is heading for the so-called fiscal cliff. he compared it to the ball dropping on new year's eve dropping on times square more ominously. more from the nation's capitol. in terms of industry groups and what is not working we start with financials. they're the biggest drag. money center banks like bank of america down 1 1/4%. goldman down 1%. morgan stanley down .8 of a percent. all those stocks are under pressure. tech stocks notably weak. apple inching to the round 500 dollar level. down to 510. it was north of 700 when iphone 5 came out early september. so the bear market continues to apple. as you can see, google also down, down about five bucks on the day. ibm down slightly a .10 or two. hewlett-packard off today, down one 3/4%. coming up later we have a contrarian investors sees big opportunity for hp in 2013. he nailed down the move in bank of america this year. he said it was the stock to buy. he was right. stick around for what he has to say about hewlett-packard. interesting
FOX Business
Dec 20, 2012 4:00pm EST
to the lowest level in four months dropping a one.3% after a report that the u.s. economy grew more than expected, gold lining stocks into the red, all posting losses and anglo gold hitting a 52 week low. liz: what looks good? financial sector, climbing within 1%, citigroup looking pretty healthy just under 2%, bank of new york mullen, royal bank of scotland hitting 52 week highs today. ashley: natural gas climbing for the third time in four days after reports show u.s. supply falling more than expected, natural gas for january delivery ending the day up 1.3%. liz: that storm over the midwest. you see that thing out side, winnebago, the largest u.s. motor home maker is getting bigger. increasing production to mean growing demand, just reported better than expected results and that is why we slept this thing outside our studio. you don't want to know, it is $350,000 with a steering wheel and also comes with the chairman, ceo and president of fox business exclusive and we will talk about strong earnings, released from backlog in order flow. ashley: america is growing. third quarter gdp rev
FOX News
Dec 31, 2012 3:00pm PST
should have acted months ago to keep the u.s. economy going off the fiscal cliff. >> i find it really hard to sit and listen to people come up now and wring their hands and talk about gee whiz. i hope we can get something done on the last day. we put two people together basically to resolve this. >> the two people were senate republican lea leader mitch mcconnell and joe biden who worked the phones after talks between mcconnell and harry reid stalled. >> discussions continue today on plan to affect the middle class families from the tax increase tomorrow. there are a number of issues in which the two sides are still apart. negotiations are continuing as i speak. >> the agreement would set the threshold for extending the bush tax cuts at $400,000 for individuals and $450,000 for families. i would set the tax rate for upper income people at 39.6%. the rate under president clinton. the states would be taxed at 40% above $5 million for individuals and $10 million for a married couple. unemployment benefits would be extented a year, as with the medicare doc fix. it would permanently fix th
CNN
Dec 28, 2012 9:00am PST
that divides russian society. but make no mistake, it is a power play. it's a response to that u.s. act, as you mentioned, a law signed by obama a couple of weeks ago intended to penalize, sanction russian officials connected with this particular custody case and this tax evasion case in russia. >> so matthew, this law would go into effect january 1st. is there any chance that those cases that are pending where the paperwork is finalized and where people are expecting their children, essentially, in a month or two would be allowed to go through? >> well, there is a question mark hanging over those. there are 52 children, according to the kremlin, that are in the middle of this adoption process with u.s. parents. the law, as you say, starts on january the 1st, but it's only a couple of days until then. so unless that can be finalized, my expectation is that that will be put on hold and indeed that's what russian officials are saying, that they don't think this law has been enacted from january the 1st, these children should be allowed to go to the united states. instead there's been a call for r
CNN
Dec 29, 2012 10:00am PST
." thanks for that. coming up next, the u.s. economy is on the verge of taking off but this fiscal cliff mess could get in the way. how much? what can we expect in 2013 with or without a deal? aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe
FOX News
Dec 24, 2012 6:00am PST
: merry christmas. press zones and spending time in a louisiana hospital, u.s. marine veteran john hammar is on his way home just in time for christmas. good morning everyone, i'm greg jat in for. >> i'm martha maccallum. after spending for four months in prison in mexico on a questionable gun charge. hammar was arrested when he tried to cross the border with a antique shotgun his family said was an heirloom. steve harrigan is live. >> reporter: after four long months the 27-year-old former marine was released from the notorious prison late friday night after several hours of paperwork. he was accompanied by u.s. consular officials from the border between mexico and texas. he met his father and the two began the drive home. they had to stop off yesterday in a hospital in louisiana room in louisiana, john hammar suffering from the stomach flu. having trouble keeping food down. the goal was to get him home for christmas. looks like it will happen now. heather? >> steve, quite an ordeal for the family to say the very least >> reporter: a very tough time. they received threats, ex-torgs attem
CNN
Dec 28, 2012 4:00am PST
remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. l
CNN
Dec 31, 2012 1:00pm PST
hours. it's clear right now since the house is about to adjourn that the u.s. is going over the fiscal cliff, at least technically. we'll see what the senate does tonight, if anything. what the house of representatives does to follow the stakes, as all of us know, are enormous. senators, thanks very much for joining us. >> thank you. >> congress had well over a year to tackle this fiscal cliff. instead, we've come down now to the final eight hours before our nation takes a severe hit potentially to the economy. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. [ dog barking ] ♪ [ female announcer ] life is full of little tests, but your basic paper towel can handl
FOX News
Dec 24, 2012 8:00am PST
is affecting your trip home for the holidays. it will be a very merry christmas for the familiar leave this u.s. marine veteran just released from one of mexico's most dangerous prisons. where he stopped off before heading home causing some concern. how about this. a short-cut to becoming a doctor, a new program being offered by one of the most prestigious medical schools in our country saving both time and money for the students, but does it skimp on training, a doctor in three years? it's all happening now. but first there is troubling news on the civil war that is raging some 21 months now in syria. the international envoy trying to help end the violence there says that he's still worried there's been no progress in the ending of the bloodshed that's claimed thousands of lives. hi, everybody, i'm jaime colby, today i'm in nor jenna lee. >> reporter: i'm kelly wright in nor jon scott. the u.n. envoy meeting face to nice with the syrian president today. while their account of that meeting was lens hopeful we are hearing now even more troubling reports the syrian army may have used a deadly poi
KRON
Dec 27, 2012 5:00pm PST
of the u-s house are set to return to washington on sunday -- just one day before the deadline to pass budget deal. if congress does not reach a fiscal deal before monday's deadline, automatic tax increases and steep spending cuts will take effect. an in depth look at where everything stands right now -- and we'll be talking live with our political analyst -- tonight at 5:30 >> breaking news. retired general norman schwarzkopf has died in tampa, florida. known as 'stormin norman' because of his explosive temper, he commanded the u.s.-led international coalition that drove saddam hussein's forces out of kuwait in 19-91. he lived in retirement in tampa, where he had served in his last military assignment as commander-in- chief of u-s central command. that is the headquarters responsible for u.s. military and security concerns in nearly 20 countries. he was 78. no one was hurt. storm on the way. >> borrowers, that took out a loan. could possibly have found some issues. dan kerman turks of the story from there. >> reporter: many feeble and up in a storefront office, with a quick loan, like
CNBC
Dec 27, 2012 1:00pm EST
leader harry reid says the u.s. is probably going over the fiscal cliff. he's planning a news conference. we don't have the exact time. when it goes, we'll go there. investors getting quite nervous. obviously the dow dropping below 13,000. the first time since early december. fear index is spiking the vick. what going over the cliff will mean for you and your money. we will talk about it this hour. >>> airline stocks flying high sitting at 1 1/2 year highs. will it be smooth skies for the industry next year in 2013. phil lebeau has the report. >>> how about housing? what a story housing has been this year. a milestone. home prices on track for their first year-over-year gain since 2006. is the worst finally over? some say yes, others say no. what does michelle caruso-cabrera say. >> tyler, let's drill down to the numbers you were talking about. only four hours to go until america goes over the fiscal cliff. the dow jones industrial average down 113 points. had been down 148 points. look at that as we come on the air back above 13,000 level, not by much. the nasdaq, the biggest decline. 3
FOX News
Dec 28, 2012 3:00pm PST
in from all over the world but also the u.s. products meant to sell overseas. >> so it's not just the local port area affected by the strike but the entire region and the state. going nationally as well. >> from boston to houston, these ports represent hundreds of billions of dollars worth of consumer goods that flow for distribution thousands of miles inland. thanks to both sides reaching a nearly last-minute agreement, none will see the picket signs sunday. >> economist worried if we do go off the fiscal cliff, it's now averted strike would have combined for a deadly one-two punch to the u.s. economy. now the overall deal is at 100% signed off on by februar february 6, then we are right back to where we were this morning and again the national retail federation and the florida governor rick scott will be urging president obama to prevent a strike invoking the tap partly act and something not done since president george w. bush did it in 2002. back to you. >> doug: phil keating in miami. the so-called milk cliff that would also kick in to effect the lawmakers can't avoid the fisc
CBS
Dec 26, 2012 5:00am PST
to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's that much harder for graduates to pay back student loans weapon tuition rising across the nation. >>> the holiday season isn't what it used to be for american oh. a new poll suggests a lot of people are working between christmas and new year's. the survey conducted in the midwest shows about a third of workers will be on the job in the last week of 2012. >>> one of the positive signs for the american economy has been the housing market. in november, construction on new homes was up 22% from a year ago and in california, you may be surprised at who is buying. cbs news reporter ben tracy has more. >> this is the busy time of year. >> absolutely. this is when all the games come in. >> reporter: scott meadows runs salinas vineyards in california's napa valley and there's a good reason he put that american bald eagle on the bottle.
MSNBC
Dec 7, 2012 8:00am PST
this is a southern problem, only massachusetts has elected african-american statewide in the u.s. senate and one of the guys in illinois ended up president. it's not just a southern issue and i think we should be really careful about that. that said, certainly he runs from a position of strain if he runs as an incumbent. it gives him a more likelihood to win if he runs for re-election. >> i was looking at some of his firsts. it wouldn't be the first time he made history. he was the first african-american elected to congress in 114 years. his election to the charleston city council the first time since republican was elected to any office in south carolina since reconstruction. so is he not new to firsts based on that little bit of history. but you did mention barack obama, you did mention that he's the first african-american president to be re-elected and some talk about tim scott and the president of the idea of being post-racial. are we there? >> certainly not. the idea that we're breathless of the appointment of a black american appointed. also the gubernatorial position which is the other st
CNBC
Dec 18, 2012 7:00pm EST
doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be signaling differences. we have karen b and sara fagan herself a former political director. i know what it means. no tax rates above $1 million. no tax hikes but why did bay nor decide to do that. what signal is he sending? >> i think what he is telling the president is look, i appreciate you coming around on this, i appreciate you giving, it is not enough. and i'm going to go to the floor and show you, that $400,000 is not a deal republicans are going to accept. the other thing that occurs that, is it is important for hi
CSPAN
Dec 5, 2012 10:00am EST
. . this is where the u.s. needs to stand firm. it's how we can stand firm for freedom. i encourage the passage of this resolution, and i encourage that we as a body will continue to stand for a free and open internet. and with that i yield back the balance of my time. the speaker pro tempore: the gentlelady yields back the balance of her time. the question is will the house suspend the rules and agree to senate concurrent resolution 50. as many as are in favor will signify by saying aye. those opposed, no. in the opinion of the chair -- black plaque mr. speaker, i ask for a recorded vote. the speaker pro tempore: 2/3 having responded in the affirmative, the rules are suspended, the concurrent resolution is agreed to -- mrs. blackburn: i ask for the yeas and nays. the speaker pro tempore: the yeas and nays are requested. all those in favor of taking this vote by the yeas and nays will rise and remain standing until counted. a sufficient number having arisen, the yeas and nays are ordered. pursuant to clause 8 of rule 20 and the chair's prior announcement, further proceedings on this motion will
FOX News
Dec 28, 2012 6:00am PST
, thanks very much. we're looking by the way on left-hand side of your screen live on the floor of the u.s. senate. don't you know, not much happening there. patti ann: all right. republican congressman louie gohmert is responding to those comments from senator reid that we just heard, firing back at accusations that republicans are refusing to compromise. let's listen. >> i can totally sympathize with reid's remark that he can not imagine our consciences in the house because you would have to have one to imagine ours. and he has shown repeatedly, over three years of no budget? come on. the guy has to have no conscience or he would have been embarrassed and given up leadership on his own if he had any conscience whatsoever. we have passed a bill to deal with the fiscal cliff. harry reid is becoming the ultimate cliff diver here by saying we're not going to even let our house, the senate house function. we're going to dive off the cliff and blame the republicans at every ledge down the way. gregg: cliff diving a new political sport. and senator lindsey graham also speaking out suggesting th
MSNBC
Dec 12, 2012 2:00am PST
the u.s. and most outsiders regard as a thinly disguised test of a ballistic missile. now, the rocket was fired this morning shortly before 10:00 a.m. local time. it went on a trajectory over the japanese island of okinawa and quickly provoked expressions of anger and outrage from japan and korea, which convened meetings of security officials. the u.s. described it as a provocative act threatening regional security. now, north korea, for their part, quickly said that it was a success, that the satellite is in orbit, unlike a test earlier this year when the rocket burned up on launch. the u.s. experts have conceded that an object is, indeed, in orbit and that even the chinese have expressed regret today, lynn. >> ian williams there live for us in beijing. ian, thanks so much. >>> back here at home, michigan is now the 24th state in america with a right-to-work law. despite protests of angry union supporters, state lawmakers passed the legislation. this means both private and public workers do not have to pay union fees. and republican governor rick snyder quickly signed the bills, call
FOX News
Dec 27, 2012 10:00am PST
with former u.s. ambassador to the u.n. john bolton how and why these officials still have their jobs. gregg: just four days to the new year and potentially the fiscal cliff so far little to know progress reported in making a deal to avert across the board tax hikes for 90% of the american households. it's been 10 days since the president and the speaker held any substantial face-to-face meetings. is time up or is it still possible for both sides to reach a last minute deal? let's put the question to byron york of the "washington examiner". too late or, gosh, maybe this is so easy you can wait until the last minute? >> i guess it depends whether you believe in miracles, gregg. gregg: i don't. >> the only thing that is really happening is the days are ticking by. i think what we've got is, you go first situation here. remember, after the so-called plan b failed in the house, john boehner, speaker of the house said, look, it's up to the senate. we'll not do anything more. we already passed a bill a while back that would extend bush tax cuts for everybody. it is up to the senate to do something
CNN
Dec 30, 2012 12:00pm PST
doing the same. the last thing anyone on the world stage needs right now is for the u.s. to start sliding back into recession. but you know, let's be clear here. that's, that would take some time. there would still be time for some kind of a deal. but it's the uncertainty that is really driving everybody's nerves in all of this. it's going to affect commodity prices in countries like brazil. countries like russia, everybody is in this together. waiting to see what happens up there. >> you're absolutely right. we're going to be watching those international markets to see how everybody is reacting. it's this whole big chain, jim, thank you for that back home, the senate is still trying to work towards a deal as jessica just told us, senator harry reid earlier said that he is in fact hopeful about reaching a deal. listen. >> with 36 hours left until the country goes over the cliff, i remain hopeful but realistic about the prospects of reaching a bipartisan agreement. at some point in the negotiating process, it becomes obvious when the other side is intentionally demanding concession
FOX Business
Dec 27, 2012 1:00pm EST
to the president's desk. tracy: click and expedient. lori: the efficiency. tracy: u.s. government set to hit the legal borrowing limit on monday. 16.$4 trillion federal debt limit beginning to come down and toch congress passes legislation or defaults. treasury secretary tim traders said the treasury would begin to undertake "extraordinary measures to stave off default quote that could $3,200,000,000,000 of additional funding which would give them two more months this is creative accounting. we have many. lori: the overspending is the understatement. the bond yield is lower investors are thinking this is the safest bet stocks are falling the dow was off 100 points europe is a mess in china slows down the global economy in dire straits and we cannot stop spending there is no message in interest rates are rising as they should to prepare for another downgrade which is very concerning talking about the economic data data, consumer confidence falls over fiscal cliff uncertainty and warning the government is set to hit the legal borrowing limit by a monday. we have bill rodgers from rutgers unive
PBS
Dec 27, 2012 5:30pm PST
greece would have a worse depression than the great depression in the u.s. >> brown: a player in campaign politics, but what of the current debt debate? we talk with tea party ally, matt kibbe. >> warner: and as e.p.a. chief lisa jackson steps down, we assess the track record of the administration's environmental agency. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> warner: five days and counting with plenty of tit-for- tat charges, but no agreement in sight. that, in short, summed up the state of affairs in washington today as the fiscal cliff deadline loomed, january
CNN
Dec 31, 2012 2:00am PST
on a rampage at a sikh temple. u.s. army veteran wade michael page. after shooting one police officer multiple times -- page was shot and killed by another officer. number eight, the massacre in khandahar province. >> the united states takes this as seriously as if it was our own citizens and our own children who were murdered. >> the accused gunman, robert bailes. bailes left his afghanistan outpost on a night back in march and single handedly attacked two villages. opening fire and killing 16 afghan civilians in their homes and wounding six others. number seven, striking a deal in the shooting that struck a blow to the nation. >> the man who shot congresswoman gabrielle giffords and killed six people in a ra rampage in tucson last year pleaded guilty to 19 charges. >> jared loughner was sentenced to seven consecutive life terms and 140 years. his guilty plea means he will avoid the death penalty. chicago's murder rate surged to levels not seen in almost a decade. >> it's just not the gang bangers. right now, innocent kids and women are being shot on a daily basis. >> averaging more than a mu
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